Business Standard

Everonn, Future Group to train retail talent

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Announcement Corporate

§ MoU to deliver programs at all FHDL and Everonn Education centres 
§ Unique project to harness talent for booming sector 
§ Endeavour to meet global standards 
§ To be spread to 50 centers by end of this fiscal

In a unique project to infuse global standards in to the booming retail sector, Everonn Skill Development Limited signed a MoU with Future Human Development Limited (FHDL) to jointly deliver retail programs across the country.

Everonn Skill Development Limited is the subsidiary company of the world’s largest VSAT Education Newtork Company Everonn Education Limited (BSE: 532876, NSE: EVERONN, Bloomberg: ESIL@IN, Reuters: EVSI.B), while FHDL is the HR arm of India’s largest retail brand the Future Group.

 

The training programs, to be launched soon, will be offered at 12 training centers and 15 ITI units at cities like Bangalore, New Delhi, Kolkata, Ahmedabad, Chennai, Hyderabad, Vizag, Pune, Nagpur, Mumbai, Kochi and Gurgaon. About 50 more centers will be added by the end of the current fiscal.

Mr. P. Kishore – Managing Director of Everonn Education Limited said: “We take immense pride in joining hands with the retail giant the Future Group. We are sure the endeavour will create a pool of trained talent for the industry as such. Also, Everonn Education would leverage its technology strength and deliver courses from one location to the farthest corners of the country.”

Speaking on the occasion, Mr. Muralidhar Rao, CEO, FHDL said, “FHDL, since its inception has been working on providing ‘employability solutions’. Our association with Everonn is one such step towards bridging this gap by creating skilled professionals across the country. Our focus is to increase employability and not just provide employment.”

These programs will be fee based and non-fee based for various job profiles in retail like Front end Salesman, House Keeping, Ware House Management and Security. The training modules will also cover improvement of skill sets in areas like furniture fitting, plumbing, household electrical fitting and repairing, household carpentry, fire and safety and white goods repairing. Courses related to Beauty and Wellness will also be conducted under the project.

About Everonn Education Limited

Everonn has been a leading presence in the Indian education industry for over two decades and is listed on both the BSE and NSE. As India’s first education and training company to offer satellite-enabled learning, Everonn is a pioneer in facilitating education using breakthrough technologies. With its unwavering passion, Everonn has been on a constant quest to be the first to capitalize on the latest in pedagogy and technology as a tool to improve learning across the country.

Everonn has now embarked on a mission to revolutionalize and transform the educational landscape of India by setting up and managing world class educational institutions across the nation - from Pre-schools to B-schools. These educational institutions will be spread across block levels, district levels and metros.

Everonn today reaches out to millions of students through 8883 learning centers across 27 states and works with 16 State Governments of India. (30th June 2010).

Everonn today is the largest VSAT education network in the World.

About Future Human Development Limited (FHDL)

FHDL has been established by Future Group in 2008, to address opportunities in the education and training space. Through Future Group, FHDL leverages its vast understanding of the consumer-centric business, it has pioneered and managed over the last 14 years.

About Future Group

Future Group, led by its founder and Group CEO, Mr Kishore Biyani, is one of India’s leading business houses with multiple businesses spanning across the consumption space. While retail forms the core business activity of Future Group, group subsidiaries are present in consumer finance, capital, insurance, brand development, telecom, learning and education, retail media and logistics. Future Group touches the lives of more than 250 million Indians in 80 cities and 65 rural locations across the country. The group currently operates over 1,000 stores spread across 16 million square feet of retail space and employs over 35,000 people. The group’s specialty retail formats include, sportswear retailer - Planet Sports, electronics retailer - eZone, home improvement chain - Home Town and rural retail chain - Aadhaar, among others like Big Bazaar, Food Bazaar, Pantaloons and Central. It also operates popular shopping portal www.futurebazaar.com.

The Group’s corporate credo is, ‘Rewrite rules, Retain values’.

 

 

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First Published: Oct 20 2010 | 1:27 PM IST

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